The PRESS Pad

Study on RuPay and BHIM-UPI scheme shows 49% global dominance, 94% merchant adoption and rapid expansion to 8 countries After a decade of the launch of the Unified Payments Interface (UPI), the Department for Financial Services (DFS), Ministry of Finance, has released a comprehensive report titled: “Socio-Economic Impact Analysis of the Incentive Scheme for Promotion of RuPay Debit Card and low-value BHIM-UPI (Person-to-Merchant) Transactions.” The report was released during

India has entered a new phase in economic measurement. The Ministry of Statistics and Programme Implementation (MoSPI) has officially released the Consumer Price Index (CPI) Base Year 2024 series , marking a significant overhaul of how retail inflation is measured in the country. This release is part of a broader statistical modernization exercise that also includes the upcoming new GDP series (Base 2022–23)  and Index of Industrial Production (IIP) series (Base 2022–23) . Th

World Bank Projects India to Remain Fastest-Growing Major Economy in FY 2025-26 India is expected to maintain its position as the...